Search Results for: British pound
British Pound’s latest jump against the Euro leaves analysts scratching heads
February 25th, 2021
Pound Sterling rallied sharply during the mid-week Asian session and is holding the gains in London trade in am move that has opened fresh new multi-month highs, but the gains have left analysts scratching their heads as to why ...
British Pound gains ground against U.S. Dollar
January 19th, 2021
GBP/USD is trying to settle back above 1.3600 while the U.S. dollar is losing some ground against a broad basket of currencies. Yesterday, the U.S. Dollar Index made an attempt to settle above the resistance at the 50 EMA ...
British pound plunges
December 22nd, 2020
Concerns about a new strain of coronavirus in the U.K. drove the British pound to its biggest loss since March, though the currency pared much of the loss after Prime Minister Boris Johnson made another offer to salvage Brexit ...
British pound rose against the dollar
December 15th, 2020
The dollar traded near 2 1/2-year lows against major peers on Tuesday as demand for the safest assets flagged amid progress toward agreeing U.S. fiscal stimulus and optimism for a Brexit deal. The greenback was near its weakest since ...
British pound broke a two-day rising streak
October 8th, 2019
The British pound broke a two-day rising streak and edged lower on Monday as concerns rose that sizeable differences between Britain and the European Union remained for striking a Brexit withdrawal deal. British lawmakers have passed a law requiring ...
British pound pulls back from highs as investors await next Brexit vote
March 14th, 2019
The pound fell Thursday, a day after the U.K. currency surged on a vote by the country’s parliament to rule out a no-deal exit from the European Union. The pound GBPUSD last traded at $1.3253, a 0.6% drop on ...
British pound gains on mounting possibility of a delay in Brexit deadline
February 28th, 2019
Sterling added to gains on Wednesday as investors increasingly focused on mounting possibility of a delay to the March 29 Brexit deadline. The U.K. currency defended its gains from the past sessions, becoming among the best performing major currency. ...
British Pound recovered slightly on Friday; Euro recovers, US Dollar sells off
November 19th, 2018
The British Pound (GBP) recovered slightly on Friday as the fears of a complete dissolution of Theresa May’s cabinet eased. The US Dollar (USD) exchange rates weakened against both the Euro (EUR) and Pound (GBP) and leaves some momentum ...
British Pound rallies on hopes for a UK customs deal Brexit agreement
November 6th, 2018
The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. The currency was lifted by the Sunday Times report ...
British pound is facing continued pressure on Friday morning
October 12th, 2018
The British pound is facing continued pressure on Friday morning after Liam Fox, Michael Gove and Dominic Raab spoke out against the UK PM at a senior ministers Brexit meeting in Downing Street last night. The Pound to Euro ...